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Kakao Games Faces Lawsuit from S. Korean Players of ‘Uma Musume’ over Allegedly Poor Management

Kakao Games Faces Lawsuit from S. Korean Players of ‘Uma Musume’ over Allegedly Poor Management

SEOUL, Sept. 26 (Korea Bizwire) — Kakao Games Corp. has been sued by South Korean players of “Uma Musume Pretty Derby,” a popular Japanese-developed mobile game, with hundreds of users demanding refunds of their in-game microtransactions over the company’s purportedly neglectful management of Korean users. Kim Sung-soo, a user representing 201 players of the game, [...]

Kakao Games Caught Up in Storm of Complaints over S. Korean Edition of ‘Uma Musume’

Kakao Games Caught Up in Storm of Complaints over S. Korean Edition of ‘Uma Musume’

SEOUL, Sept. 7 (Korea Bizwire) — Kakao Games Corp. has been caught up in a storm of user complaints over questionable management of the South Korean version of Japanese mobile title “Uma Musume Pretty Derby,” with many gamers threatening to sue the company over purported neglect of Korean users when compared with Japanese players. First [...]

Kakao Games’ Q2 Net Profit Skyrockets Over 165 Times on ‘Odin,’ ‘Musume’ Success

Kakao Games’ Q2 Net Profit Skyrockets Over 165 Times on ‘Odin,’ ‘Musume’ Success

SEOUL, Aug. 3 (Korea Bizwire) — Kakao Games Corp., the gaming unit of South Korean tech giant Kakao Corp., said Wednesday its second-quarter net profit skyrocketed over 165 times from a year earlier thanks to the success of its blockbuster mobile title “Odin Valhalla Rising” and “Uma Musume Pretty Derby,” its latest Japanese licensed game [...]

Kakao Games Q1 Net Profit Up 54 pct Thanks to ‘Odin,’ Better Cost Management

Kakao Games Q1 Net Profit Up 54 pct Thanks to ‘Odin,’ Better Cost Management

SEOUL, May 3 (Korea Bizwire) — Kakao Games Corp., the gaming unit of South Korean tech giant Kakao Corp., reported Tuesday its first-quarter net profit rose 54.2 percent on-year to 28.3 billion won (US$22.3 million) thanks to the popularity of its mobile title “Odin Valhalla Rising” and improved cost management. Operating profit spiked 169.7 percent [...]

Kakao Games Invests US$20 mln in U.S. Game Developer Frost Giant Studios

Kakao Games Invests US$20 mln in U.S. Game Developer Frost Giant Studios

SEOUL, Jan. 26 (Korea Bizwire) — South Korean game developer Kakao Games Corp. said Wednesday it has invested US$20 million in U.S.-based independent game developer Frost Giant Studios in line with its efforts to increase its global profile. The game affiliate under Kakao Corp., which operates South Korea’s most-used mobile messenger KakaoTalk, said it made [...]